Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1990.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
87 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
24 people listed on the 990-T; $1.6M paid to officers and key staff.
Walter Moreau’s $404K as Exec. Director is at the 90th percentile of top reported officer pay among 676 $10–100M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Walter Moreau | $404,118 | $369,104 | $334,433 | $261,864 | $244,440 |
| Vicki McDonald | $224,817 | $214,206 | $185,428 | $181,465 | $171,641 |
| Ann Clift | $199,316 | $198,937 | $183,075 | $181,465 | $164,780 |
| Julian Huerta | — | — | — | $182,104 | $167,786 |
| Marisela Montoya | $160,157 | $157,119 | $123,294 | — | — |
| Sabrina Butler | $158,971 | $154,361 | $138,866 | $135,686 | $117,041 |
| Desiree Golden | $156,980 | $153,086 | $139,840 | $130,933 | $145,213 |
| Kathleen Peschel | $153,079 | $153,654 | $116,088 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Provides affordable housing paired with supportive social services, including free youth after-school programs, adult education, and college coaching for low-income families.
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Opening Doors to Homes
AFFORDABLE HOUSING PLUS SUPPORTIVE SERVICESImprove community stability by providing affordable housing for low income residents(3,733 units at 26 affordable housing communities in Austin, Dallas-Fort Worth) Pursued new acquisitions of affordable housing.
PROSPER CENTER PROGRAMS-TAX HELP, HEALTH COVERAGE, FINANCIAL WELLNESS & COLLEGE HUB Foundation Communities' Community Tax Help programs in Austin, Dallas and Arlington provided free income tax return preparation services for low-income taxpayers that received $40 million in tax refunds.
LEARNING IN A COMMUNITY494 children took part in free after-school and summer learning center programs including pre-K, elementary and teen programs. Additionally, adults are provided with onsite and virtual ESL, digital literacy support, as well as college and career coaching.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990-T, line by line.
Download 990
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $50.0M | $34.1M | $15.9M | $187.1M | 990 PDF |
| FY2023 | $41.3M | $30.2M | $11.0M | $171.2M | 990 PDF |
| FY2022 Viewing | $44.3M | $27.2M | $17.1M | $160.2M | 990 PDF |
| FY2021 | $44.1M | $25.5M | $18.6M | $143.0M | 990 PDF |
| FY2020 | $31.0M | $22.6M | $8.4M | $124.5M | 990 PDF |
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Schedules filed Part IV
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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